For the month of April 2009, the sales volume in Lake Forest was up again compared to the same period last year. There were a total of 63 closed sales in the MLS, a 12.5% improvement to the 56 in April 2008. The prices were substantially lower though. The 29 sales of single ...
The market continues to be busy in the lower end of the price range, and bank-owned and short sales are making up about 61% of all closed sales in Orange County. Today, there are a total of 11,577 homes for sale in Orange County. Of those, 4783 (42%) are labeled as either bank owned or short sales. Of ...
November 2008 sales in Lake Forest are up 233% from last year's dismal numbers, but sale price per square foot is off by almost 26%. Prices ranged from a low of $110,000 up to $724,900. First time buyers were the driving force behind the improved sales volume, since they didn't have to unload a previous property ...
Lake Forest prices now start at $95,000 for a one-bedroom bank-owned condo. It previously sold in 2005 for $260,000 using 100% financing (probably using a "liar loan" without any income documentation!) I seriously question the wisdom of anyone paying that much for a property this size, as you could have rented it for less than ...
The condo pictured above just came on the MLS this morning with a list price of $95,000. It is a bank-owned foreclosure, with one bedroom, approximately 685 ...
